Health insurers rein in rate hikes on New Mexico exchange

The Republican Party spent Wednesday desperately trying to save its healthcare plan after the GOP's Senate leadership was forced to admit that it doesn't have the votes to repeal and replace Obamacare.
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Franchini says the largest initial rate proposal was calculated under the assumption that subsidies would disappear for out-of-pocket expenses such as copayments and deductibles for lower-income patients, as well as income-based tax credits that help people buy coverage.